NEW YORK, Aug. 6, 2024 /PRNewswire/ -- The global sarcoma therapeutics market size is estimated to grow by USD 1.11 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.51% during the forecast period. Patient assistance programs is driving market growth, with a trend towards R and D of new drugs for oh treatment. However, high treatment costs poses a challenge. Key market players include Adaptimmune Therapeutics plc, Advenchen Laboratories LLC, Agenus Inc., Agios Inc., Athenex Inc., Bayer AG, Bristol Myers Squibb Co., Eisai Co. Ltd., Eli Lilly and Co., GlaxoSmithKline Plc, Ipsen Pharma, Johnson and Johnson Services Inc., Karyopharm Therapeutics Inc., LadRx Corp., Mirati Therapeutics Inc., Novartis AG, Pfizer Inc., PharmaMar SA, and SillaJen Co. Ltd..

Technavio has announced its latest market research report titled Global sarcoma therapeutics market 2024-2028

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Sarcoma Therapeutics Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 - 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 8.51%

Market growth 2024-2028

USD 1110.8 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.67

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 41%

Key countries

US, China, Germany, Canada, and UK

Key companies profiled

Adaptimmune Therapeutics plc, Advenchen Laboratories LLC, Agenus Inc., Agios Inc., Athenex Inc., Bayer AG, Bristol Myers Squibb Co., Eisai Co. Ltd., Eli Lilly and Co., GlaxoSmithKline Plc, Ipsen Pharma, Johnson and Johnson Services Inc., Karyopharm Therapeutics Inc., LadRx Corp., Mirati Therapeutics Inc., Novartis AG, Pfizer Inc., PharmaMar SA, and SillaJen Co. Ltd.

Market Driver

Recent advancements in the development of new drugs for osteosarcoma treatment focus on overcoming challenges with current chemotherapy approaches, such as side effects and drug resistance. Innovative strategies, including nanocarriers for targeted drug delivery, immunotherapy, and targeted therapy, are being explored to enhance treatment outcomes for osteosarcoma patients. Nanocarriers utilize selective delivery of chemotherapeutic agents to tumor sites, increasing treatment efficacy and minimizing side effects. Immunotherapy drugs, like immune checkpoint inhibitors, muramyl tripeptide, and monoclonal antibodies, harness the immune system to recognize and attack osteosarcoma cells. Targeted therapy drugs, such as Tazverik (Tazemetostat-EPZ-6438), interfere with specific molecules within cancer cells. The U.S. Food and Drug Administration (FDA) has granted a rare pediatric disease designation to Lisata Therapeutics' osteosarcoma treatment, LSTA1, which enhances absorption of co-administered drugs. These advancements underscore ongoing efforts to provide more effective and less toxic therapies for osteosarcoma patients, driving market growth during the forecast period.

The Sarcoma Therapeutics market is witnessing significant trends in manufacturing excellence and supply chain optimization to deliver patient-centric solutions for various types of sarcomas, including bone, soft tissues, fibrous tissue, cartilage, muscle, liposarcoma, osteosarcoma, and rhabdomyosarcoma. Novel drugs and automated processes are driving innovation in the market. Sarcoma affects both children and adults, and its incidence and diagnosis are on the rise. The risk of death from this type of cancer varies depending on the grade and type. Therapies and treatments include antibodies, surgery, and medical expenses can be high, making health insurance and cost of reimbursement crucial considerations. Regulatory frameworks and regional markets continue to evolve, with technological advancements playing a key role in diagnosis and treatment. Overall, the Sarcoma Therapeutics market is focused on improving patient outcomes and reducing the burden of this disease.

Discover 360° analysis of this market. For complete information, schedule your consultation - Book Here!

Market Challenges

  • The global sarcoma therapeutics market faces significant challenges due to the high cost of treatment. Most approved drugs are large molecules with complex manufacturing processes and high research and development costs, leading to expensive prices. This high cost negatively impacts patient adherence, particularly in regions without reimbursement policies or patient assistance programs. Furthermore, the low purchasing power of patients in Asia and Africa exacerbates this issue. Additionally, the lack of distribution networks in these regions increases distribution costs, making it difficult to provide affordable medications. Consequently, expanding access to sarcoma therapeutics remains a significant challenge for the market.
  • The sarcoma therapeutics market encompasses a heterogeneous group of malignant tumors affecting connective tissues, including bones, muscles, tendons, blood vessels, fat, nerves, and skin. Sarcoma tumors, such as malignant bone sarcomas, have various subtypes and risk factors, including genetic mutation, lymph system involvement, and exposure to chemicals and radiation. Developing effective treatments for this diverse group of cancers poses significant challenges. The treatment landscape includes chemotherapy, targeted therapy, and immuno-oncology agents. Telemedicine and remote care are increasingly important in delivering sarcoma care, fostering a collaborative atmosphere and enabling data sharing. Public awareness campaigns and government efforts are crucial for early detection and diagnosis. Pharmacy distribution channels include hospital, retail, and online, with ongoing developments in personalized medicine techniques and strategic alliances driving the clinical pipeline. Key therapeutic approaches include checkpoint inhibitors, cancer vaccines, gene therapy, small molecules, and monoclonal antibodies. Clinical trials, label extensions, and ongoing research collaborations continue to expand the range of treatment options for sarcoma patients.

For more insights on driver and challenges - Request a sample report!

Segment Overview

This sarcoma therapeutics market report extensively covers market segmentation by

  1. Type
    • 1.1 Soft tissue sarcoma
    • 1.2 Osteosarcoma
  2. Geography
    • 2.1 North America
    • 2.2 Europe
    • 2.3 Asia
    • 2.4 Rest of World (ROW)


1.1 Soft tissue sarcoma- The Sarcoma Therapeutics Market is experiencing significant growth due to the increasing prevalence of sarcoma and the development of new targeted therapies. Companies are investing in research and development to bring innovative treatments to market. Key players include Eli Lilly, Pfizer, and Roche. The market is expected to reach USD7.3 billion by 2026, driven by the approval of new drugs and expanding patient populations. Collaborations and partnerships are also fueling advancements in the field.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) - Download a Sample Report

Learn and explore more about Technavio's in-depth research reports

The global Ewing's Sarcoma Treatment Market is experiencing robust growth due to advances in targeted therapies and increasing awareness. Meanwhile, the global Bone Cancer Drugs Market is also on an upward trajectory, driven by the rising incidence of bone cancer and innovation in drug development.

Research Analysis

The Sarcoma drugs market is witnessing significant growth due to the increasing incidence of sarcoma, a type of cancer that affects the bone, soft tissues, fibrous tissue, cartilage, and blood vessels. Sarcoma accounts for less than 1% of all cancers but causes approximately 1% of all cancer deaths. The developmental pipeline for sarcoma drugs is robust, with several novel drugs in various stages of clinical trials. Technological advancements in diagnostic methods, such as automated processes, are improving early detection rates. The rising incidence of sarcoma, particularly soft tissue sarcoma, and the increasing awareness of this disease are driving the demand for effective and affordable therapeutics. Despite the challenges, the market is expected to grow due to the unmet medical need for effective treatments for sarcoma. The market is also witnessing an increase in demand for low-cost therapeutics to make treatments more accessible to patients.

Market Research Overview

The Sarcoma drugs market is witnessing significant growth due to the increasing number of sarcoma cases and the development of new therapeutic modalities. Sarcoma is a rare cancer that affects the connective tissues, including bones, muscles, tendons, blood vessels, fat, and nerves. It is a heterogeneous group of malignant tumors, with various histological subtypes such as osteosarcoma, chondrosarcoma, liposarcoma, rhabdomyosarcoma, and others. The patient population for sarcoma is relatively small, but the number of deaths caused by this cancer is substantial. The diagnostic methods for sarcoma are improving, leading to earlier detection and better treatment outcomes. Pharmaceutical firms and academic organizations are investing in the development of new therapeutic agents, including immunotherapies, targeted medicines, and combination treatments. Partnerships and collaborations between these entities are also increasing, as the complexity of developing new sarcoma drugs requires a collaborative atmosphere and data sharing. The treatment landscape for sarcoma is diverse, with chemotherapy, targeted therapy, and immuno-oncology agents being the primary treatment types. Healthcare providers offer these treatments through various channels, including hospital pharmacy, retail pharmacy, and online pharmacy. The clinical pipeline for sarcoma drugs is rich, with several promising new drugs in development, including checkpoint inhibitors, cancer vaccines, gene therapy, and small molecules. Government efforts to increase awareness and funding for sarcoma research are also contributing to the growth of the Sarcoma drugs market. Personalized medicine techniques and strategic alliances between pharmaceutical companies and healthcare providers are also driving innovation in the field. The use of telemedicine and remote care is becoming more prevalent, providing greater access to treatment for patients in remote areas. Risk factors for developing sarcoma include genetic mutation, lymph system issues, chemical exposure, radiation, and age. Sarcoma can affect both children and adults, and the type and grade of cancer can vary significantly. The market for Sarcoma drugs is expected to continue growing as new treatments and diagnostic methods are developed, providing hope for those affected by this rare and often misunderstood cancer.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

  • Type
    • Soft Tissue Sarcoma
    • Osteosarcoma
  • Geography
    • North America
    • Europe
    • Asia
    • Rest Of World (ROW)


7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Global sarcoma therapeutics market 2024-2028

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sarcoma-therapeutics-market-size-is-set-to-grow-by-usd-1-11-billion-from-2024-2028--patient-assistance-programs-boost-the-market-technavio-302214344.html

SOURCE Technavio

Copyright 2024 PR Newswire